Nithin Kamath, the billionaire behind Zerodha, believes bamboo could combat land degradation and offer income opportunities through cultivation. His interest sparked after meeting Agni Mitra from Amwoodo, a bamboo-focused organization. While bamboo may not fully replace steel, Kamath sees its strength as a chance to reduce steel usage.
Uniindia: Mumbai, Apr 5 (UNI) Green energy start-up Ossus Biorenewables,on Wednesday said it has raised USD 2.4 million in a pre-Series A round from Gruhas and Rainmatter Climate.
2021’s first unicorn, a $1-billion acquisition, and more
On the back of WhatsApp’s privacy concerns, Sridhar Vembu’s Zoho is all set to launch desi messaging app Arattai.
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To put it succinctly it was a helluva week.
Jyoti Bansal’s Harness, a San Francisco-based B2B startup, also raised $115M and attained unicorn status with $1.7 billion valuation.
Industry experts have predicted that India will have 100 unicorns by 2025. And given the rate at which new unicorns are being added, the Indian startup ecosystem seems to be well on track to achieve that.
The Interview
Mercedes-Benz set up shop in India in 1994 and has a dominant market share of around 40 percent in the luxury car market in the country. Having been in the country for over a quarter of a century, Mercedes-Benz India Managing Director and CEO Martin Schwenk says the German automaker has studied Indian consumer behaviour closely They (Indian consumers) look for value for money and that s even in a
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It s just two weeks into the new year but we’re already seeing exciting new milestones play out in the Indian startup ecosystem.
Two such recent developments to note are: Zerodha’s focus on fighting climate change and creating green jobs in India with the launch of Rainmatter Climate and edtech decacorn BYJU’S plans to buy Aakash Educational Services for $1 billion.
Both signal how successful Indian startups will pave the way in giving back whether it is to strengthen the Indian entrepreneurial ecosystem; enable the growth of younger businesses and entrepreneurs; lead the charge to ensure digital inclusion; and find avenues to give back (beyond their startup’s areas of focus) to solve for more large-scale problems such as climate change and job creation.